On June 5, 2023, Lucid Diagnostics announced the launch of its latest innovation, the EsoGuard Mobile Test Unit. This state-of-the-art mobile notification solution aims to offer a comprehensive approach to cancer prevention. At the heart of this new solution is the EsoGuard Esophageal DNA Test, which is performed using samples collected in a short and non-invasive in-office procedure using the EsoCheck Esophageal Cell Collection Device.
One of the key advantages of the EsoGuard Esophageal DNA Test is its ability to serve as a widely used tool in the prevention of esophageal cancer. This is a significant milestone in cancer prevention as the test is the first and only commercially available solution that can prevent this type of cancer.
Lucid Diagnostics is confident that mobile testing will complement its existing satellite Lucid testing center and high-volume precancer detection event programs. With EsoGuard’s mobile testing unit, patients can now access the test from the comfort of their own home, making cancer prevention more accessible than ever.
Overall, the introduction of the EsoGuard Mobile Test Unit is a significant advance in the fight against cancer. With its non-invasive and comprehensive approach to cancer prevention, the EsoGuard Esophageal DNA Test has the potential to save countless lives.
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LUCD Stock Review: Stable performance on June 5, 2023, but negative earnings growth is cause for concern
On June 5, 2023, LUCD stock opened at $1.65, slightly up from the previous close of $1.62. During the day, the share price fluctuated between a low of $1.57 and a high of $1.68, with a total volume of 35,563 shares traded.
LUCD, a healthcare technology company specializing in medical specialties, has a market capitalization of US$73.5 million. The company’s earnings growth was negative at -93.12% last year but is expected to increase by 0.69% this year.
The company’s revenue growth was negative at -24.60% over the past year. LUCD has a price to sales ratio of 130.49. LUCD’s next report date is Aug 14, 2023 and its EPS forecast for the quarter is -$0.28.
LUCD’s annual sales last year were $377,000 with a net loss of $56.2 million. The net profit margin was an alarming -14,899.47%.
Overall, the performance of the LUCD share was relatively stable on June 5, 2023, with a slight increase in the opening price. However, the company’s negative earnings growth, revenue growth and net profit margin could be a concern for investors. As always, it is important to do thorough research and analysis before making any investment decisions.
Lucid Diagnostics Inc (LUCD) stock performance climbs +138.10% with increase in Target Price Prediction
On June 5, 2023 Lucid Diagnostics Inc (LUCD) witnessed a significant increase in stock performance. According to data from CNN Money, the five analysts providing 12-month price predictions for LUCD have a median target of $4.00, with a high estimate of $9.50 and a low estimate of $2.80. This represents an increase of +138.10% from the last price of $1.68.